Raia Drogasil prescribes local debt

Raia Drogasil prescribes local debt

Brazil's Raia Drogasil said it plans to issue BRL250m ($68.2m) in debentures in the local market.
The lead underwriter Itaú BBA, joined by Banco do Brasil and Santander, are expected to price the seven-year notes at 98.5% of the DI interbank lending